Communities are continually looking for beneficial services to improve their residents’ livelihood and increase sustainability. Through governmental energy aggregations, municipalities, counties, townships and villages may be able to help residents and small businesses save money on their electricity supply.
The deregulation of electricity in many states and the creation of rules that allow for the formation of governmental aggregations, has made it possible for municipalities to aggregate or combine their purchasing power to help reduce electricity supply costs for their community.
AEP Energy has experience and knowledge in helping to administer aggregation programs. Our dedicated team will work with you to ensure you are aware of your options and that you are getting the best value in the market.
A governmental aggregation offers your residents a chance to receive a lower electricity supply price than they may be able to receive on their own. An aggregation can be implemented once a community meets the necessary rules by its state regulators, which may include voter approval through a ballot issue.
There are typically two types of governmental aggregations: 1) an opt-out program; and 2) an opt-in program. With an opt-out program, all eligible residents and small businesses are automatically enrolled, unless they individually choose to “opt-out” of the program with no penalty. Some communities may prefer an opt-in program, which permits each customer to sign up individually to participate in the program.
AEP Energy will work with you to help administer your program, provide competitive electricity supply pricing and ultimately lower the electricity bills for your community. If your community is interested in a governmental aggregation or if you have questions, please contact:
Rob Barkley, Senior Director, Municipal Aggregation & Sales
Already Working With a Consultant? We encourage you to check with your consultant about AEP Energy and ensure we are included in your selection process.